Founded Year

2017

Stage

Debt - II | Alive

Total Raised

$1.127B

Valuation

$0000 

Last Raised

$735M | 8 mos ago

About Divvy Homes

Divvy Homes operates a tech-enabled homeownership platform that allows renters to build equity credits as they rent. The renter selects any home on the market, Divvy purchases it, and the renter builds equity credits in the home with every payment.

Divvy Homes Headquarter Location

633 Folsom Street 7th Floor

San Francisco, California, 94107,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Divvy Homes's Products & Differentiation

See Divvy Homes's products and how their products differentiate from alternatives and competitors

  • Test

    Test

    Differentiation

    Test 

Research containing Divvy Homes

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Divvy Homes in 1 CB Insights research brief, most recently on Apr 14, 2021.

Expert Collections containing Divvy Homes

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Divvy Homes is included in 5 Expert Collections, including Real Estate Tech.

R

Real Estate Tech

2,258 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

U

Unicorns- Billion Dollar Startups

1,168 items

P

Payments

2,308 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

7,431 items

US-based companies

F

Fintech 250

250 items

250 of the top fintech companies transforming financial services

Latest Divvy Homes News

FINTECH BUSINESS The Future Of Real Estate: Fintech 50 2022

Jun 13, 2022

Jun 7, 2022, DIVVY HOMES Reported by Margherita Beale and Jeff Kauflin Over the past two years, while droves of Americans began working remotely and mortgage rates hit historic lows, home sales spiked, creating a rising tide for real estate-focused companies. Now that interest rates and concerns about a looming recession are rising, the real estate market is cooling. But in an industry that’s still dominated by slow processes and dated systems, opportunities abound for creating better financial services through technology. Five real estate companies made our Fintech 50 list this year. From startups reinventing the rent-to-own model to an online marketplace for mortgages, here are the companies that made our 2022 list: Cadre By raising money online and using advanced data analysis to source deals, the online platform enables individual and institutional investors to buy and sell stakes in commercial and multifamily real estate partnerships at lower fees. Also runs a StubHub-like secondary market enabling investors to sell otherwise illiquid holdings. The Cadre Direct Access Fund became the company's most in-demand offering shortly after it was launched in 2021. Headquarters: New York, New York Funding: $133 million from Andreessen Horowitz, Ford Foundation, Goldman Sachs and others Latest valuation: $800 million Bona fides: Has closed more than $3.5 billion in real estate transactions; total customers rose from more than 20,000 at the end of 2020 to more than 30,000 one year later. Cofounders: CEO Ryan Williams, 34, a 30 Under 30 alum who started investing in real estate while at Harvard; brothers Joshua Kushner, 36, and Jared Kushner, 41, the son-in-law of former President Donald Trump. Divvy Homes A digital version of the old rent-to-own model, Divvy buys homes for clients who can’t qualify for a standard mortgage and then becomes their landlord. A 1-2% upfront fee and a portion of monthly rent can be converted into a down payment if the tenant wants to buy later. By the end of three years, customers will have built up as much as 10% equity. Headquarters: San Francisco, California Latest valuation: $1.74 billion, according to PitchBook Bona fides: Purchased $639 million in homes in 2021, up from $160 million in 2020. Cofounders: CEO Adena Hefets, 35; CTO Nicholas Clark, 39; board member Brian Ma, 36; senior software engineer Alex Klarfeld, 31, a 30 Under 30 alum. Morty An online mortgage marketplace founded and run by engineers, Morty aggregates mortgage rates from a range of lenders, offering buyers an easy way to search for competitive rates. Once a customer has locked a loan, Morty guides them throughout the entire process, step-by-step. Like more old-fashioned mortgage brokers, Morty makes its money by charging lenders a fee when the loan closes. Headquarters: New York, New York Funding: $38 million from Thrive Capital, Lerer Hippeau, March Capital and others Latest valuation: $150 million Bona fides: Has processed more than $1.2 billion in loans to date; had revenue of $3 million in 2021, up from $1.5 million in 2020. Cofounders: CEO Nora Apsel, 39; CTO Adam Rothblatt, 38. Roofstock A digital marketplace that allows investors to purchase single-family rental properties in 27 states, often with tenants (and professional management by Roofstock) already in place. Its Roofstock One sells shares in portfolios of rental homes to accredited investors for as little as $5,000. Headquarters: Oakland, California Latest valuation: $1.94 billion Bona fides: More than 15,000 homes in its current management portfolio; has completed nearly $5 billion in transaction volume to date, with more than half of that amount taking place in the last year. Cofounders: CEO Gary Beasley, 56; Chairman Gregor Watson, 41; Chief Development Officer Rich Ford, 54. Valon A cloud-based mortgage-servicing platform, Valon brings down the cost to mortgage investors of servicing loans by automating payments and allowing borrowers to see online their balance and other information about their loans. Last year, Valon secured approval from the Federal Housing Administration and Freddie Mac to service government-backed loans. Headquarters: New York, New York Funding: $90 million from a16z, 166, real estate investment trust New Residential and others Latest valuation: $590 million Bona fides: Less than two years after its 2020 launch, the company has reached $6 billion in total mortgages serviced. Cofounders: CEO and 30 Under 30 alum Andrew Wang, 29; CTO and 30 Under 30 alum Jonathan Hsu, 29; Product Manager Eric Chiang, 30.

Divvy Homes Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Divvy Homes Rank

  • When was Divvy Homes founded?

    Divvy Homes was founded in 2017.

  • Where is Divvy Homes's headquarters?

    Divvy Homes's headquarters is located at 633 Folsom Street, San Francisco.

  • What is Divvy Homes's latest funding round?

    Divvy Homes's latest funding round is Debt - II.

  • How much did Divvy Homes raise?

    Divvy Homes raised a total of $1.127B.

  • Who are the investors of Divvy Homes?

    Investors of Divvy Homes include LibreMax, Goldman Sachs, Cross River Bank, Brigade Capital Management, Barclays Bank and 13 more.

  • Who are Divvy Homes's competitors?

    Competitors of Divvy Homes include Pacaso.

  • What products does Divvy Homes offer?

    Divvy Homes's products include Test.

You May Also Like

reAlpha Logo
reAlpha

reAlpha is a digital marketplace that enables its members to simplify wealth creation through investments in short-term rental properties while delivering guest experiences. reAlpha sources and scores properties from the wholesale market using a proprietary, AI-driven algorithm called reAlphaBRAIN. It then predicts the viability of each property for the short-term rental market and the projected long-term value. The reAlpha platform allows investors to buy equity in specific properties, providing meaningful wealth generation opportunities through short-term passive income via Airbnb, as well as equity-driven capital appreciation.

Pacaso Logo
Pacaso

Pacaso offers a digital platform where buyers can co-own real estate. The company's platform allows buyers to purchase anywhere from one-eighth to half of a second home depending on occupancy needs. It was founded in 2020 and is based in San Francisco, California.

Doma Logo
Doma

States Title (NYSE: DOMA) uses predictive analytics and technology to create a modern title and escrow platform. The company uses machine intelligence and its patented technology solutions to transform residential real estate, making closings instant and affordable. Doma and its family of brands - States Title, North American Title Company (NATC), and North American Title Insurance Company (NATIC) - offer solutions for lenders, real estate agents, title agents, and homeowners that make closings vastly more simple and efficient, reducing cost and increasing customer satisfaction. Doma’s clients include some of the largest bank and non-bank lenders in the U.S.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.